51 Water St
Chagrin Falls, OH 44022
3 bd 3 ba 3,404 sqft Built 1885 Lot 7,301 sqft single_family
Most recent sale
$929,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2025 | Sold | $1,100,000 | MLSNOW |
| Mar 10, 2025 | Listed | $1,129,900 | MLSNOW |
| Jan 31, 2025 | Sold | $1,110,000 | Public Record |
| Aug 30, 2022 | Sold | $929,000 | MLS #4393274 |
| Jul 20, 2022 | Listed | $939,000 | MLS #4393274 |
| Dec 15, 2021 | Sold | $515,000 | MLS #4306562 |
| Aug 24, 2021 | Price changed | $579,000 | MLS #4306562 |
| Aug 9, 2021 | Listed | $598,000 | MLS #4306562 |
| Nov 17, 2010 | Sold | $457,500 | MLS #3132074 |
| Jul 26, 2010 | Price changed | $499,000 | MLS #3132074 |
| Jun 14, 2010 | Price changed | $549,900 | MLS #3132074 |
| Apr 23, 2010 | Listed | $599,900 | MLS #3132074 |
| Jul 28, 1989 | Sold | $168,600 | Public Record |
| Aug 18, 1983 | Sold | $180,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $285,530 | $39,620 | $325,150 | $19,821 |
| 2024 | $285,530 | $39,620 | $325,150 | $20,048 |
| 2022 | $193,480 | $52,470 | $245,950 | $18,904 |
| 2021 | $193,480 | $52,470 | $245,950 | $18,834 |
| 2020 | $154,770 | $41,970 | $196,740 | $16,323 |
| 2019 | $154,770 | $41,970 | $196,740 | $16,102 |
| 2018 | $154,770 | $41,970 | $196,740 | $16,014 |
| 2017 | $145,880 | $31,680 | $177,560 | $15,278 |
| 2016 | $145,880 | $31,680 | $177,560 | $13,756 |
| 2015 | $145,880 | $31,680 | $177,560 | $13,780 |
| 2014 | $132,620 | $28,810 | $161,430 | $12,728 |
| 2013 | $132,620 | $28,810 | $161,430 | $12,643 |
| 2012 | $132,620 | $28,810 | $161,430 | $12,285 |
| 2010 | $101,990 | $24,780 | $126,770 | $8,219 |
| 2009 | $101,990 | $24,780 | $126,770 | $8,262 |
| 2008 | $104,090 | $25,270 | $129,360 | $8,060 |
| 2007 | $104,090 | $25,270 | $129,360 | $8,436 |
Property facts
Year built
1885
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,404 sqft
Lot size
7,301 sqft
ZIP code
44022
City
Chagrin Falls
Street
Water St
Coordinates
41.42819, -81.39415
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,106
Gross rental yield
6.60%
Implied cap rate
4.29%
Trend-extrapolated value
—
Frequently asked questions
When did 51 Water St last sell?
51 Water St most recently sold on Aug 30, 2022 for $929,000.
What is the current tax assessment for 51 Water St?
The most recent total assessment for 51 Water St (year 2025) is $325,150 with $19,821 in property tax.
How does 51 Water St's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $929,000.
When was 51 Water St built?
51 Water St was built in 1885.
How does 51 Water St compare to others on Water St?
We track 5 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 51 Water St?
51 Water St is a 3 bed, 3 bath, 3,404 sqft, 7,301 sqft lot single_family.
Is 51 Water St a flip candidate?
Yes — 51 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 51 Water St a tax-appeal candidate?
No — 51 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$630.6K
2026 Q4
$610K
ZIP 44022 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St